Question
Given the following cash flows, what is the future value at year ten when compounded at an interest rate of 12.0%? Year 0 1 5
Given the following cash flows, what is the future value at year ten when compounded at an interest rate of 12.0%?
| Year | 0 | 1 | 5 | 10 |
| Cash Flow | 4,000 | 3,000 | 2,000 | 1,000 |
A) $25,267.31
B) $10,000.00
C) $31,864.17
D) $11,948.32
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Handbook Of Research Methods And Applications In Empirical Finance
Authors: Adrian R. Bell, Chris Brooks, Marcel Prokopczuk
1st Edition
1782540172, 978-1782540175
